Taiwan warships drop anchor in Nicaragua amid sinking ties with China

TAIPEI (Reuters) - A Taiwanese naval “Friendship Flotilla” of warships dropped anchor in Nicaragua on Monday just weeks after China urged Taiwan’s dwindling diplomatic allies to ditch the self-ruled island in favour of Beijing. Three...

New Poultry Plant Starts Operations

Cargill has inaugurated a processing plant in Nicaragua that will have the capacity to sacrifice up to 14,000 birds per hour, and it required a US$45 million investment. The new plant, where cuts of whole...

Hard Rock Café Soon To Open in Managua

With an investment of US$2.8 million dollars, the Hard Rock Café will open its doors in Nicaragua's capital city of Managua next Wednesday, April 18. The Hard Rock Café Managua will be located in the...

Nicaragua forest fire burns almost 9,000 acres

A forest fire in Nicaragua that has been burning out of control for a week has blackened almost 9,000 acres (3,585 hectares) in a southern nature reserve. The Indio Maiz reserve is on Nicaragua's border...

Nicaraguan exports to Taiwan boosted by 50%

Nicaragua's exports to Taiwan reached US$124 million last year, a 50% year-on-year increase. The main exports were shrimp, beef, sugar and coffee, according to the reporte on Thursday by the manager of the Association of...

Nicaragua Bank Credit On the Rise At Start of 2018

During January in Nicaragua, the gross portfolio of the financial system totaled US$5.371 billion, 14% more than in the same month in 2017, explained in part by the performance of commercial credit. The Central Bank...

Nicaragua, Safest Country in Latin America?

Nicaragua claims to be the safest country in Latin America says a report by the Latin American Herald due to its sophisticated “Containment Wall” public safety strategy. The report says that Nicaragua's capital city deputy...

Nicaragua’s proposed social media controls follow dictatorship handbook

The government of Nicaragua announced last Wednesday its suggestion for the country’s legislature to take steps to regulate social media (Facebook, Twitter, YouTube, among others)–under the pretext of protecting the integrity of families and...

Nicaragua Reiterates Support to Cuba in Campaign Against US Blockade

Nicaragua's National Assembly reiterated its support for Cuba in the international campaign to condemn the economic, commercial and financial blockade that the United States Government has maintained for more than half a century. This pronouncement...

World Bank’s IFC to finance $115 million for firms in Nicaragua

IFC, a member of the World Bank Group, is structuring a transaction to provide up to US$115 million in financing to Nicaragua's Banco Lafise Bancentro to boost access to credit for small entrepreneurs and...

Juan Valdez Stirs Competition With Nicaragua arrival

Colombia's Juan Valdez coffee brand is arriving in Nicaragua. While Nicaraguan businessmen dismiss the brand is a threat to Nicaraguan coffee, they do admit that there will be a strong competition. "In today's globalized markets...

Nicaragua Introduces ‘Map of Violence’ Against Women

According to Nicaragua's Vice President, the map will aid in the prevention of gender-based violence. The government of Nicaragua announced on Wednesday that it would publish a Map of Violence Against Women, which seeks to...

Nicaragua Pays $378,890 to Costa Rica Over Border Conflict

The International Court of Justice ordered Nicaragua to pay for its occupation of Portillos Island in 2010. Nicaragua has paid Costa Rica US$378,890 for environmental damages related to the military occupation of the small Portillos...

Nicaragua tourism board rolls out new ad campaign

The Nicaragua tourism board (INTUR) will use the bright lights of New York City to roll out its new promotional campaign. ‘Nicaragua Te Quiero As Sos’ or ‘I like you just as you are’...

Real Estate Boom in San Juan del Sur

US$200 million is the figure by which investment in real estate development is estimated to increase between this year and next in the nicaraguan tourist city. Estimates by the municipality of San Juan del Sur...

Canadians Seek Business in Nicaragua

A group of entrepreneurs from Canada will be visiting the country to explore business opportunities in different areas and present an investment plan for renewable energy. The Ortega administration explained that the businessmen will meet...

Nicaragua’s “Containment Wall”

(IPS) - Nicaragua’s “containment wall”, aimed at bolstering internal security, has been successful with regard to the fight against transnational crime. But its victims are migrants who are relentlessly blocked from passing through...

Nicaragua Shelves Canal, Promises Port

Of late there has been little or nothing about the Interoceanic Canada project or Grand Canal in Nicaragua, as the Ministry of Transportation and Infrastructure (MTI) allocates resources to carry out a feasibility study...

Nicaragua to Pay Costa Rica for Environmental Damage

THE HAGUE – The International Court of Justice ordered Nicaragua on Friday to pay Costa Rica $378,890 for environmental damages caused by its troops when they established a military camp on the island of...

LATEST

Taiwan warships drop anchor in Nicaragua amid sinking ties with China

TAIPEI (Reuters) - A Taiwanese naval “Friendship Flotilla” of warships dropped anchor in Nicaragua on Monday just weeks after China urged Taiwan’s dwindling diplomatic...

New Poultry Plant Starts Operations

Cargill has inaugurated a processing plant in Nicaragua that will have the capacity to sacrifice up to 14,000 birds per hour, and it required...

Hard Rock Café Soon To Open in Managua

With an investment of US$2.8 million dollars, the Hard Rock Café will open its doors in Nicaragua's capital city of Managua next Wednesday, April...

Nicaragua forest fire burns almost 9,000 acres

A forest fire in Nicaragua that has been burning out of control for a week has blackened almost 9,000 acres (3,585 hectares) in a...

Nicaraguan exports to Taiwan boosted by 50%

Nicaragua's exports to Taiwan reached US$124 million last year, a 50% year-on-year increase. The main exports were shrimp, beef, sugar and coffee, according to the...

Nicaragua Bank Credit On the Rise At Start of 2018

During January in Nicaragua, the gross portfolio of the financial system totaled US$5.371 billion, 14% more than in the same month in 2017, explained...

Daughter of the Nicaragua Revolution – Archive, 1984

“Choose between me and the Revolution,” said Magda Enriquez’s husband when he discovered his wife had been working secretly for the Sandinistas in Somoza’s...

Nicaragua, Safest Country in Latin America?

Nicaragua claims to be the safest country in Latin America says a report by the Latin American Herald due to its sophisticated “Containment Wall”...

Nicaragua’s proposed social media controls follow dictatorship handbook

The government of Nicaragua announced last Wednesday its suggestion for the country’s legislature to take steps to regulate social media (Facebook, Twitter, YouTube, among...

Nicaragua Reiterates Support to Cuba in Campaign Against US Blockade

Nicaragua's National Assembly reiterated its support for Cuba in the international campaign to condemn the economic, commercial and financial blockade that the United States...